Partners Group (OTCMKTS:PGPHF) Stock Falls 4% – Here’s Why

by · The Markets Daily

Partners Group Holding AG (OTCMKTS:PGPHF – Get Free Report)’s stock price fell 4% on Friday. The company traded as low as $725.00 and last traded at $725.00. 69 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 141 shares. The stock had previously closed at $755.18.

Analyst Ratings Changes

Several research analysts recently commented on PGPHF shares. The Goldman Sachs Group reiterated a “neutral” rating on shares of Partners Group in a research note on Monday, June 22nd. Oddo Bhf downgraded Partners Group to a “neutral” rating in a research report on Monday, June 8th. Finally, UBS Group lowered Partners Group from a “buy” rating to a “neutral” rating in a report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Partners Group has a consensus rating of “Reduce”.

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Partners Group Price Performance

The stock has a market cap of $18.81 billion and a PE ratio of 12,083.33. The company’s fifty day moving average is $833.57 and its 200-day moving average is $943.25.

Partners Group (OTCMKTS:PGPHF – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $11.71 million during the quarter.

Partners Group Company Profile

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Partners Group Holding AG is a Switzerland-based global investment manager specializing in private markets. The company provides access to investments that are not typically traded on public exchanges, including private equity, private debt, infrastructure and private real estate.

Partners Group develops and manages customized portfolios and investment solutions for institutional investors, sovereign wealth funds, family offices, private banks and other qualified clients. Its activities may include investing directly in companies and assets, acquiring interests through secondary transactions, and managing diversified private-market programs.

Founded in 1996, Partners Group is headquartered in Baar, Switzerland, and serves clients internationally through a global network of offices and investment professionals.

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